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Prepare the Accounting Equation on the b...

Prepare the Accounting Equation on the basis of the following :
(a) Started business with cash Rs. 1,40,000 and Stock Rs. 2,50,000.
(b) Sold goods (costing Rs. 50,000) at a profit of 25% on cost.
(c ) Deposited into bank account Rs. 1,80,000.
(d) Purchased goods from Mohan Rs. 80,000.

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Prepare Accounting Equation from the following : (a) Started business with Cash Rs. 2,00,000. (b) Purchased goods for Cash Rs. 60,000 and on Credit Rs. 1,50,000. (c ) Sold goods for Cash costing Rs. 40,000 at a profit of 20% and on Credit costing Rs. 72,000 at a profit of 25%. (d) Paid for Rent Rs. 5,000.

Prepare 'Accounting Equation' from the following : (a) Started business with cash Rs.1,00,000. (b) Purchased goods for cash Rs.20,000 and on credit Rs.30,000. (c ) Sold goods for cash costing Rs. 10,000 and on credit costing Rs. 15,000 both at a prodit of 20%.

Prepare Accounting Equation on the basis of the following transactions : (a) Started business with cash Rs. 70,000. (b) Credit purchase of good Rs. 18,000. (c ) Payment made to creditors in full settlement Rs. 17,500. (d) Purchase of machinery for cash Rs. 20,000.

Prepare accounting equation from the following : (a) Started business with cash Rs. 50,000 and goods Rs.30,000. (b) Purchased goods for cash Rs. 30,000 and on credit from Karan Rs. 20,000. (c ) Goods costing Rs.40,000 were sold for Rs. 55,000 for cash. (d) Withdrew cash for personal use Rs. 10,000. (e) Rent outstanding Rs.2,000.

Prepare accounting equation from the following : (i) Started a business with cash Rs.1,00,000 and goods worth Rs.20,000. (ii) Sold 50% of above goods at a profit of Rs. 2,000 on credit to Ram. (iii) Rent paid Rs.5,000. (iv) Ram paid 50% of his balance in cash.

Prepare Accounting Equation from the following : - 1. Started business with cash Rs. 75,000 and goods Rs. 25,000. 2. Paid for Rent Rs. 2,000. 3. Bought goods for cash Rs. 30,000 and on credit for Rs. 44,000. 4. Goods costing Rs. 50,000 sold at a profit of 25% out of which Rs. 27,500 received in Cash. 5. Purchased a Motor - cycle for personal use Rs. 20,000.

Prove that accounting equation is satisfied in all the following cases : (a) Commenced business with cash Rs. 50,000. (b) Paid rent Rs.4,000 including Rs.1,000 as advance. (c ) Bought goods for cash Rs.30,000 and on credit Rs. 20,000. (d) Sold the goods bought on credit for Rs.25,000. (e) Purchased furniture worth Rs.10,000 for office use and for Rs.5,000 for domestic use.

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